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“Yes” shares of the PredictIt recessionblack oak casino hotel question were trading at just 19 cents. 104th turtle creek casino michigan open Online Casino No Deposit Bonus Pa Tfls Fast-forward a little more than two months, with a deadly coronavirus sweeping the planet, and global economies are plummeting. kansas star casino scholarship In the US, the Dow is down to 21,300 as of Thursday afternoon – a more than 26 percent drop. As a result, those “Yes” PredictIt shares have gone in just the opposite direction – currently trading around 70 cents. PredictIt defines an economic recession as the Bureau of Economic Analysis reporting “at least two consecutive quarters with a negative annual growth rate in real gross domestic product. ”Casinos Losing BetsThe gaming industry of course relies heavily on tourism, meaning the travel restrictions in Macau, and now the US banning all foreigners from European countries accessing the country, means revenues will fall drastically. live casino philadelphia tier match Shares of major US-based casino operators have taken a beating over the last month. Feb. 12 March 12Las Vegas Sands . cashman casino online free 31 . american casino roulette wheel 69MGM Resorts . boulder station casino movie times 66 . phone number for scarlet pearl casino

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But many doctors and health officials say the coronavirus in healthy adults presents symptoms that are no more serious than the seasonal flu. bellagio casino vacancies During his coblack oak casino hotelmpany’s fourth-quarter earnings conference call back in late January, Sands billionaire CEO Sheldon Adelson, who himself is battling non-Hodgkin’s lymphoma, called the coronavirus “unique and serious. mountaineer casino and racetrack west virginia ”However, Sands President and COO Robert Goldstein countered, “We don’t anticipate any slowdown as a result of the virus. ”The gaming industry crash will not allow Eldorado to fold on its . 3 billion acquisition of Caesars, as the takeover has a clause that says the regional casino operator cannot use “public health emergencies” to get out of the merger. But Economy Strong? President Donald Trump says the pandemic is a health crisis – not an economic one. “This is not a financial crisis. This is just a temporary moment of time that we will overcome together as a nation,” Trump said during his Oval Office address to the nation Wednesday night.